Sundaram Finance Holdings to Acquire 24.16% Stake in Axles India for ₹182.68 Crore

Sundaram Finance Holdings to Acquire 24.16% Stake in Axles India for ₹182.68 Crore

In a significant move to strengthen its position in the automotive components sector, Sundaram Finance Holdings Limited (SFHL) announced today that its Board of Directors has approved the acquisition of a 24.16% stake in Axles India Limited from foreign promoter...
Tunwal E-Motors Partners With Bajaj Finance for Customer Loans

Tunwal E-Motors Partners With Bajaj Finance for Customer Loans

Tunwal E-Motors Limited (NSE: TUNWAL) has signed a standard merchant agreement with Bajaj Finance Limited that will allow customers to finance their electric two-wheeler purchases. The agreement was executed on April 10, 2025, according to a regulatory filing submitted to...
TÜV SÜD Launches New E-Mobility Mobile Training Lab in Bengaluru

TÜV SÜD Launches New E-Mobility Mobile Training Lab in Bengaluru

TÜV SÜD South Asia, which is a fully-owned subsidiary of the Germany-headquartered multinational testing, inspection, and certification agency, today launched its e-Mobility mobile training lab at its Bengaluru campus. The company aims to offer a range of training programmes, spread...
Delhi Plans Accelerated EV Transition by 2027

Delhi Plans Accelerated EV Transition by 2027

The Delhi government is gearing up to launch a bold new electric vehicle (EV) Policy 2.0 that could change the way the city moves. Focused on fighting air pollution and promoting clean transportation, the draft policy lays out big changes...
GreenLine Secures 5 Million Investment to Deploy 10,000 Green Trucks Across India

GreenLine Secures $275 Million Investment to Deploy 10,000 Green Trucks Across India

GreenLine Mobility Solutions Ltd., an Essar venture and India's only green logistics operator of LNG and electric-powered heavy commercial trucks, announced on April 10, 2025, a $275 million equity investment to accelerate the decarbonization of India's heavy trucking sector. The...
Ventilated Seats Emerge as Most Preferred Feature Among Indian Car Owners

Ventilated Seats Emerge as Most Preferred Feature Among Indian Car Owners

A recent survey conducted by Park+ Research Labs reveals that Indian car buyers are prioritizing comfort-focused features, with fully ventilated seats emerging as the most preferred option among respondents. The survey, which gathered inputs from 6,000 car owners across the...
Mercedes Benz Clocks Record FY25 Sales, Led By Top-End Models, EVs

Mercedes Benz Clocks Record FY25 Sales, Led By Top-End Models, EVs

Mercedes-Benz India has reported its highest-ever annual sales in FY25, delivering 18,928 new vehicles across the country, the company said in a press release on Thursday. The German luxury automaker attributed this milestone to strong demand for top-end luxury models,...
Omega Seiki Mobility Partners with Naari Shakti to Deploy 2,500 Pink Auto Rickshaws for Women Drivers

Omega Seiki Mobility Partners with Naari Shakti to Deploy 2,500 Pink Auto Rickshaws for Women Drivers

Omega Seiki Mobility (OSM), a company focused on sustainable transportation solutions, has partnered with Naari Shakti Women Welfare Charitable Trust to provide 2,500 electric Pink Auto Rickshaws to women drivers across India. The initiative is part of OSM’s Corporate Social...
JLR India Records Highest Annual Sales With Growth Of 40% In FY25

JLR India Records Highest Annual Sales With Growth Of 40% In FY25

JLR India has reported its highest-ever annual sales performance, with retail volumes reaching 6,183 units in FY25, marking a 40% year-on-year increase. The company's wholesale volumes also grew by 39% to 6,266 units, establishing a new benchmark in its 17-year...
Indian Road Logistics Sector Forecasts Steady Growth; Revenue to Rise 6–9% in FY2026: ICRA

Indian Road Logistics Sector Forecasts Steady Growth; Revenue to Rise 6–9% in FY2026: ICRA

ICRA has projected a stable outlook for India’s road logistics sector in the financial year 2026, estimating a revenue growth of 6% to 9%. The growth is expected to be supported by steady economic activity, increased capital expenditure, and rising...
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